What is the value of a bond that has a par value of $1,000, a coupon rate

| March 30, 2017

Question
What is the value of a bond that has a par value of $1,000, a coupon rate of 8.6 percent (paid annually), and that matures in 30 years? Assume a required rate of return on this bond is 8.65 percent.

Get a 30 % discount on an order above $ 50
Use the following coupon code:
COCONUT
Place your order today and save 30% with the discount code: COCONUTOrder Now
Positive SSL